{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/3.2-602.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/3.2-602.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/3.2-602.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/3.2-602.html"}],"law_id":358196,"edition_id":2,"section_id":358196,"structure_id":51222,"section_number":"3.2-602","catch_line":"Virginia Farm Loan Revolving Account","history":"Code 1950, \u00a7 3-27.3; 1952, c. 118; 1966, c. 702, \u00a7 3.1-25; 2008, c. 860.","full_text":"Notwithstanding any other provisions of law, funds and the proceeds of the trust assets that are not authorized to be administered by the U.S. Department of Agriculture under the provisions of \u00a7 3.2-601 shall be paid to and received by the Commissioner and by him paid into the state treasury for credit to an account to be known as the “Virginia Farm Loan Revolving Account.” The entire amount so received, together with any moneys appropriated for such purposes, is hereby appropriated out of the Virginia Farm Loan Revolving Account for expenditure by the Commissioner for such of the rural rehabilitation purposes permissible under the charter of the now dissolved Virginia Rural Rehabilitation Corporation, as may from time to time be agreed upon by the Commissioner and the U.S. Department of Agriculture, subject to the applicable provisions of the federal Rural Rehabilitation Corporation Trust Liquidation Act (40 U.S.C. \u00a7 440 et seq.), or for the purposes of \u00a7 3.2-601. Such expenditure shall be paid by the State Treasurer on warrants of the Comptroller issued on vouchers signed by the Commissioner.\n\n","order_by":null,"text":{"0":{"id":1332721,"text":"Notwithstanding any other provisions of law, funds and the proceeds of the trust assets that are not authorized to be administered by the U.S. Department of Agriculture under the provisions of \u00a7 3.2-601 shall be paid to and received by the Commissioner and by him paid into the state treasury for credit to an account to be known as the “Virginia Farm Loan Revolving Account.” The entire amount so received, together with any moneys appropriated for such purposes, is hereby appropriated out of the Virginia Farm Loan Revolving Account for expenditure by the Commissioner for such of the rural rehabilitation purposes permissible under the charter of the now dissolved Virginia Rural Rehabilitation Corporation, as may from time to time be agreed upon by the Commissioner and the U.S. Department of Agriculture, subject to the applicable provisions of the federal Rural Rehabilitation Corporation Trust Liquidation Act (40 U.S.C. \u00a7 440 et seq.), or for the purposes of \u00a7 3.2-601. Such expenditure shall be paid by the State Treasurer on warrants of the Comptroller issued on vouchers signed by the Commissioner.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51222,"edition_id":2,"name":"Return and Future Administration of Assets of Virginia Rural Rehabilitation Corporation","identifier":"6","label":"chapter","depth":3,"order_by":6,"parent_id":51104,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 02:39:26","date_modified":"2026-08-02 12:27:28","permalink":{"id":1421221,"object_type":"structure","relational_id":51222,"identifier":"6","token":"3.2\/I\/6","url":"\/3.2\/I\/6\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51104,"edition_id":2,"name":"General Provisions; Protection and Promotion of Agriculture","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":51103,"metadata":{"child_laws":95,"child_structures":18},"date_created":"2026-08-02 02:37:33","date_modified":"2026-08-02 12:27:27","permalink":{"id":1420943,"object_type":"structure","relational_id":51104,"identifier":"I","token":"3.2\/I","url":"\/3.2\/I\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51103,"edition_id":2,"name":"Agriculture, Animal Care, and Food","identifier":"3.2","label":"title","depth":1,"order_by":5,"parent_id":null,"metadata":{"child_laws":1194,"child_structures":151},"date_created":"2026-08-02 02:37:33","date_modified":"2026-08-02 12:27:27","permalink":{"id":1420941,"object_type":"structure","relational_id":51103,"identifier":"3.2","token":"3.2","url":"\/3.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":358174,"structure_id":51222,"section_number":"3.2-600","catch_line":"Commissioner designated to apply for and receive trust assets held by United States","url":"\/3.2-600\/","token":"3.2\/I\/6\/3.2-600","metadata":false},{"id":358185,"structure_id":51222,"section_number":"3.2-601","catch_line":"Agreements of Commissioner with U.S. Department of Agriculture","url":"\/3.2-601\/","token":"3.2\/I\/6\/3.2-601","metadata":false},{"id":358196,"structure_id":51222,"section_number":"3.2-602","catch_line":"Virginia Farm Loan Revolving Account","url":"\/3.2-602\/","token":"3.2\/I\/6\/3.2-602","metadata":false},{"id":358207,"structure_id":51222,"section_number":"3.2-603","catch_line":"Further powers of Commissioner; delegation to Secretary of Agriculture","url":"\/3.2-603\/","token":"3.2\/I\/6\/3.2-603","metadata":false},{"id":358218,"structure_id":51222,"section_number":"3.2-604","catch_line":"Liability of the U.S. Department of Agriculture","url":"\/3.2-604\/","token":"3.2\/I\/6\/3.2-604","metadata":false}],"previous_section":{"id":358185,"structure_id":51222,"section_number":"3.2-601","catch_line":"Agreements of Commissioner with U.S. Department of Agriculture","url":"\/3.2-601\/","token":"3.2\/I\/6\/3.2-601","metadata":false},"next_section":{"id":358207,"structure_id":51222,"section_number":"3.2-603","catch_line":"Further powers of Commissioner; delegation to Secretary of Agriculture","url":"\/3.2-603\/","token":"3.2\/I\/6\/3.2-603","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/3.2-602\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 118; in 1966, chapter 702; in 2008, chapter 860<\/a>.<\/p>","references":false,"refers_to":[{"id":358185,"section_number":"3.2-601","catch_line":"Agreements of Commissioner with U.S. Department of Agriculture","order_by":null,"url":"\/3.2-601\/"}],"permalink":{"id":1421231,"object_type":"law","relational_id":358196,"identifier":"3.2-602","token":"3.2\/I\/6\/3.2-602","url":"\/3.2-602\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/3.2-602\/","token":"3.2\/I\/6\/3.2-602","dublin_core":{"Title":"Virginia Farm Loan Revolving Account","Type":"Text","Format":"text\/html","Identifier":"\u00a7 3.2-602","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Notwithstanding any other provisions of law<\/span>, funds and the proceeds of the trust assets<\/span> that are not authorized to be administered by the U.S. Department<\/span> of Agriculture under the provisions of \u00a7 3.2-601<\/a> shall be paid to and received by the Commissioner<\/span> and by him paid into the state treasury for credit to an account to be known as the “Virginia Farm Loan Revolving Account.” The entire amount so received, together with any moneys appropriated for such purposes, is hereby appropriated out of the Virginia Farm Loan Revolving Account for expenditure by the Commissioner<\/span> for such of the rural rehabilitation purposes permissible under the charter of the now dissolved Virginia Rural Rehabilitation Corporation, as may from time to time be agreed upon by the Commissioner<\/span> and the U.S. Department<\/span> of Agriculture, subject to the applicable provisions of the federal Rural Rehabilitation Corporation Trust Liquidation<\/span> Act (40 U.S.C. \u00a7 440 et seq.), or for the purposes of \u00a7 3.2-601<\/a>. Such expenditure shall be paid by the State Treasurer on warrants of the Comptroller issued on vouchers signed by the Commissioner<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nVIRGINIA FARM LOAN REVOLVING ACCOUNT (\u00a7 3.2-602)\n\nNotwithstanding any other provisions of law, funds and the proceeds of the trust\nassets that are not authorized to be administered by the U.S. Department of\nAgriculture under the provisions of \u00a7 3.2-601 shall be paid to and received by\nthe Commissioner and by him paid into the state treasury for credit to an\naccount to be known as the “Virginia Farm Loan Revolving Account.”\nThe entire amount so received, together with any moneys appropriated for such\npurposes, is hereby appropriated out of the Virginia Farm Loan Revolving Account\nfor expenditure by the Commissioner for such of the rural rehabilitation\npurposes permissible under the charter of the now dissolved Virginia Rural\nRehabilitation Corporation, as may from time to time be agreed upon by the\nCommissioner and the U.S. Department of Agriculture, subject to the applicable\nprovisions of the federal Rural Rehabilitation Corporation Trust Liquidation Act\n(40 U.S.C. \u00a7 440 et seq.), or for the purposes of \u00a7 3.2-601. Such expenditure\nshall be paid by the State Treasurer on warrants of the Comptroller issued on\nvouchers signed by the Commissioner.\n\nHISTORY: Code 1950, \u00a7 3-27.3; 1952, c. 118; 1966, c. 702, \u00a7 3.1-25; 2008, c.\n860.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}